Tax Havens: Myth vs. Fact

In recent years, so-called tax havens have been attacked by opponents of free trade and free markets. International bureaucrats and left-wing politicians accuse tax havens of everything from facilitating tax evasion and money laundering to precipitating financial instability. Such attacks are inaccurate and obscure the fact that tax havens promote economic growth, sound fiscal policy, and individual liberty. Below is an interesting video dispelling common myths about tax havens and: